The trade is downer trade because it made triable touch up, which will reach up as correction double top, which give clearly indication that trade will go sell after correction.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will drop to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
If we take a look on the daily time frame we can clearly see this is a level to be interested in. The past 4 times price has reached this level we have seen it react and go back on itself. Each time this has happened if you take a look at the stochastic below you can see that this has added confluence to the idea and then gone the opposite way as well. Depending...
Price broke through resistance trendline to the upside, anticipating a retest of trendline and resistance area before a continued move to the upside.
Share your idea in the comment section about this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
ORION - EURAUD ---------------------------- Wait for a bullish confirmation before entry to buy
Multi-time Frame Analysis. Entry=1.563-1.574.9, SL=1.547, TP1=1.6, TP2=1.62. R/R=3.7 Good luck with your trading !
D-rezistencia 4h-RSI overbought 2h-RSI a STOCH Bear div 1h-RSI a STOCH Bear div Poznámka: -vyzerá to na dosiahnutie vrcholu -počkám na otočenie 15min a 5min STOCH do Bear a dám SHORT
✅EUR_AUD went up and is now Retesting a strong horizontal resistance That, coupled with the fact that the pair is overbought Makes me expect a pullback and a retest of the support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
So whilst we have plenty of reasons to sell here, I want to wait to see some rejection. Look at the volume, just makes sense to confirm the rejection rather than getting blown out. Also have to factor in the broken descending trendline - however, i think the move friday was more fundamental than techincal. So looking at technicals, we have the following reasons...
With Euro finally showing signs of strength overall, we have a good trade setup here. EURAUD has reached its first long target but doesn't look like it will stop here. Temporary pullback is expected but look for a reaction above the highlighted resistance where price is at right now. Upon break of this resistance, we are looking at the next resistance above as the...
Sell: EUR / AUD SL @ 1.59520 TP @ 1.58050 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
EURAUD is about to mitigate orders for the move lower. SELL!
Here we have our EURAUD chart. After todays news and rally on different EURO pairs, we are looking short. Prices like this rise too high and too fast and often will re-bound. Target is defined by our directional arrows.
The price has broken the trendline, there might be a retest and continue to the next resistance. Target price 1.53812
Bullish set up shown in the chart....Long on breakout and maintain tgt and SL as shown.. RSI also bullish
patience pays entered a couple of weeks ago 1st tp hit today ill add the idea post to this post killed it !!!!!!